5931-61 Bullard Avenue New Orleans, LA $ 7,100,000
5931-61 Bullard Avenue
$ 7,100,000
New Construction
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5931-61 Bullard Avenue

New Orleans, LA, 70128
$ 7,100,000
Bedrooms-- Baths-- Sq 66,500

Monthly Estimate*

$ 43,716

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Commercial Property for sale in New Orleans, LA

for $7,100,000. This 66,500 square foot building was built in 2008.

Opportunity Knocks — Positioned for Growth in New Orleans East Location isn’t just important — it’s everything. This rare, large-scale income-producing asset sits in the heart of a rapidly developing corridor in New Orleans East, surrounded by new construction and ongoing redevelopment that continues to elevate the area’s long-term trajectory. This is more than stabilized income — it’s a strategic value-add play with measurable upside. Investment Highlights: Strong in-place income with rents currently below market, creating immediate revenue lift potential Clear value-add pathway through strategic rent adjustments and operational efficiencies Three to five additional plots with road frontage included, offering expansion, redevelopment, or future build-out opportunities Positioned in a growth corridor with visible reinvestment momentum Potential to exceed $1M+ in annual gross income with targeted updates and repositioning Designed for experienced investors who recognize scalable opportunity and understand performance metrics This asset offers both stability and scalability — cash flow today with tangible pathways for appreciation tomorrow. Additional Information: Appraisal available with verified purchase structure Motivated seller — all serious offers considered Showings by appointment only (24–48 hours advanced notice required) Do not disturb tenants Proof of funds required prior to showing Strategic positioning today can translate into outsized returns tomorrow

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Commercial Active

Price

$ 7,100,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

2008

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2536092

Features
General
Sewer Public Sewer
Zoning comm
Construction Materials Frame Structural Insulated Panels
Year Built 2008
Tenant Pays Janitorial Service
Stories Count 1
Levels One
County Orleans
Property Type Commercial Sale
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Year Built Details Build 2008
Virtual Tour https://listings.goodbonesphotography.com/sites/qnnzwgk/unbranded
Structure Type Retail
Standard Status Active
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Exterior
Parking Features Parking Lot
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 0
Building Area Total 66500
Lot Dimensions 756x400
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Anthony Posey Properties, Inc

Broker

poseyrealtor@aol.com

Email

Affordability Calculator

$43,716
Per Month
100%
0%
0%
Monthly Principal & Interest
$43,716
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$7,100,000 Listed Price

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5931-61 Bullard Avenue, New Orleans, LA, 70128 is a Commercial Property for sale at $7,100,000 with 66,500 sqft. 5931-61 Bullard Avenue was built in 2008. The property's zip code is 70128 which is in New Orleans, LA